Blog

What are collective action clauses?

Which form of international debt securities cannot be lodged with the ICSD’s common safekeeper (CSK):

Fill in the gaps: T2 ranks [ ] to AT1 and [ ] to senior non-preferred

From an issuer perspective, which statement is not correct?

Investors in a typical Eurobond expect to receive interest:

An issuer is planning a new 5yr US Dollar bond. Exactly one year ago, it issued a 5yr US Dollar bond, which now has a T spread of 40bps and a G spread of 50bps. NICs are currently running at 15bps. 5yr UST yields are 0.5%. What is the expected yield on the new transaction, assuming all other parameters are the same as the previous issue?

Under the Capital Requirements Regulation, Total Capital (CET1, AT1 and T2) should be at least:

In practice, a new issue with a negative yield means:

ICMA recommends that order book communications:1. Are agreed by bookrunners2. Are sent out early in the transaction3. Are sent frequently4. Occur on a public basis

Closing of a new bond issue is dependent on: Which one is wrong?